Quote:
Originally Posted by SimpleS14
I really hope the U.S. does not default on the debts it owes to China. If it does, there's going to be some serious implications around the world.
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I agree to an extent, it would likely make life miserable...but we really cannot keep going the direction this President wants us to go. Continuing to print money/quantitive easing is not the solution.
Real fiscal and entitlement reform HAS to happen. We have to stop spending more than we are taking in.
I honestly don't know what is worse.